, 1887-04-28

courts for long time; also the
Sancho fraction, q strip Of land lying
between the Bunker Hill and Rich
mond mines; also the Bunker Hill
fraction, upon which the c0ncentra-
tor Is located; also the I'm
portant fraction, In the near vi.
cinIty; also the concentrat0r and
the entire cOncentratOr contract held
by the Helena ConcentratOr Co., and
Jas. +. Wardner; also mining con.
tract for extracting ~, 500 tons OF
second. class ore and 10000 tons OF
first- class ore hold BY Jas. +. Ward
ner; also the Milo water right
owned by James f. Wardner, and
the South Fork water right OF 1O,OOO
inches. 1t will thus. be seen that
! Col Reed, with the shrewd business
experience OF many yeors, mas So
cured everything that could IN any
manner be held against the property.
or which would effect any project
that may be set on foot 70 develop
quired Is diversified, but 1t Is all val
liable and necessary for the future
working OF the mines. 1t Is pro.
posed by Col. Reed to start. In at
once upon the contemplated changes
and improvements. The present
concentratOr, now In operation will
be enlarged to work sixty additional
tons per day, and there Is sufficient
ore being taken out at present with
out an increase to keep the increased
works busy. A f1ume ten feet wide
and six feet deep Is to be built to
carry water from the South Fork to
Milo, where the water Is to
be used as power tO operate
900 ton cOncentrator, which
Is to be built In addition to the en-
larged one that IL now In existence.
The length of the flume is 6, 1928 feet,
and discharges at an elevation OF
forty-nine feet and has capacity OF
75O horse power. This water-pOwer
will not only be used as motive pow
er for the big 300.ton cOncentrator,
but will also be applied 60 an electric
light plant and cable road that IS to
be constructed between the BunSer
Hill and Sullivan mines and concen-
traitors for the purpose of transport
ing ores from the mines to the mills.
OF course all these improvements
will require great deal OF time for
consummatiOn, and will be made
gradually, but the right man Is at
the head of the enterprise to carry
out any project that he may consider
necessary for the development Of his
property. That he is In earnest we
need only add that the survey Of the
fiume and the cable road has been
made and cross sectioned and that
the right Of way has been granted
for both. Col. Reed, in addition to
the property enumerated above owns
a controlling interest in the Milo
| En- vaytSt nj 10 mi
least OF his possessions now that the
change of ownership in the mines
has taken place. The purchase
throws large sum Of money into
the hands of various indi-
viduals, among whom are
N. s. Kellogg Con Sullivan,
Phil O'Rourke Alex Monk, Jacob
Goez, Harry Baer, Albert Allen and
8. T.. Hauser, owners; q. o. Peck
and DR.. Cooper, litigants; w. w.
Woods, w. III. Habr0urn and w. Il.
StOll, attorneys, while the others are
Jas. F. Wardner, the Helena Con-
centratOr Co., A. M. Esler, Jack
Fitzgerald, Robt. Miller and G. &.
Burke. The total amount OF money
required In the original purchase
and for the contemplated Improve
ments will amount in the aggregate
to very near 81, 100000. 1t Is not
necessary to further dwell upon the
effects the deal will have on the
Occur d'Alene mining country. 1t
will at once attract attention all over
the country, 1t will give new i'm
petus to mining operations that have
been tagging, 1t will build up the
towns in the South Fork, and it will
draw in that direction vast amount
of capital looking for investment.
Col. Reed is to be congratulated up
on securing the property that Is now
in his possession, and it Is to be
hoped that his enterprise will be re-
warded by the return to him OF the
money invested many fold.
nrnukounaas